The Philippines is seen to lead Southeast Asia in terms of growth as what was once regarded as Asia’s laggard spearheads an “outperforming” region this year until 2015 amid a weakening China.
“The major ASEAN economies we cover (Indonesia, Malaysia, Thailand, Vietnam and the Philippines) continue to outperform,” debt watcher Standard & Poor’s Ratings Services (S&P) said in a report released Monday. ASEAN refers to the 10-member Association of Southeast Asian Nations.
“The Philippines, which S&P recently upgraded to investment grade, has taken over the ASEAN growth leadership role from Indonesia,” it added.
Other members of the ASEAN are Brunei Darussalam, Cambodia, Laos, Myanmar and Singapore.
According to S&P’s baseline forecasts, the Philippines is projected to grow 6.9 percent, 6.1 percent and 6.5 percent for 2013, 2014 and 2015, respectively. This is faster than ASEAN’s 5.5 percent, 5.6 percent and 5.4 percent during similar periods. –Prinz Magtulis, Philippine Star
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
